Real Money

Encore Capital Group Selects IO's Data Center As A Service To Support Rapid Growth

PHOENIX, March 26, 2013 /PRNewswire/ -- IO, the leading provider of Data Center 2.0 technology for the world's largest enterprises, governments and service providers, today announced the company has been awarded a contract by Encore Capital Group, Inc. (NASDAQ: ECPG), one of Fortune's "100 Fastest Growing Companies" and a leader in debt management and recovery solutions.

IO will provide Encore with Data Center as a Service (DCaaS) which leverages IO's proprietary technology – IO.Anywhere ®, the first-ever standard unit of data center product integrated with the IO.OS ® operating system. This next-generation Data Center 2.0 cloud-enabled approach supplies Encore a secure, cost-effective data center with a concurrently maintainable, fully redundant solution, without having to invest resources to deploy and maintain its own data center.

"We're confident that IO and their Data Center 2.0 technology is the best fit for our growing organization. At Encore, we believe IT plays an integral role in business success. In addition to meeting our strict policies on security, compliance and availability, we're now able to leverage our data center as a strategic asset," said Carl Eberling, Senior Vice President, Information Technology and Chief Information Officer at Encore Capital Group, Inc. "As we grow, IO delivers us greater economies of scale and offers us reliability, security and the flexibility to expand capacity as we need it."

"The nature of Encore's operations made security, availability and performance essential factors in their rigorous selection process," said Rick Crutchley, Senior Vice President of Global DCaaS Sales for IO. "The DCaaS approach at IO.Phoenix supplies Encore with enterprise-grade data center infrastructure that is cost effective and allows their team to concentrate on their customers and business initiatives."

IO designs, engineers and delivers data center products for the world's largest enterprises, governments and service providers. IO owns and operates data centers for hundreds of customers, and has leveraged this experience to build a next-generation Data Center 2.0 cloud enabling technology platform. IO.Anywhere ® data center products provide enterprise-class infrastructure that can be delivered as Data Center as a Service and rapidly deployed as a product to customer sites anywhere in the world. IO developed the first data center infrastructure operating system, IO.OS ®, to provide the intelligent control needed to maximize utilization, resiliency, energy efficiency and global data center performance. IO is a privately held company headquartered in Phoenix, Arizona. For more information on IO, please visit us on the web at io.com.